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<p>[QUOTE="Coinsandmedals, post: 4836199, member: 107435"]Excellent post! You summarized a ton of history in a very approachable way, and I love the bit at the end about good ole George needing a coin fix!! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Odd fact, Boulton technically broke the law when he first started to produce the halfpennies and farthings. The pence and twopence pieces nearly wrecked the first Soho Mint, and in response, Boulton began redesigning the halfpenny and farthing in early May of 1799. Within the same month, it appears that he managed to work out the design issues that plagued the prior contract (e.g., the broad raised rims, plain edges, etc.). According to Doty (1998), Boulton began producing the final product in late May of 1799, but the contract was not granted until almost six months later, on November 4th, 1799. Strictly speaking, this was highly illegal, and I can only imagine the history of the Soho Mint would be different had the Royal Mint officials discovered what Boulton was up to. According to Boulton's records, he noted that in May of 1799, six of the eight presses were devoted to the production of pence, one to halfpennies, and one to farthings. His notes further detail that the presses were able to produce roughly 60 Pence coins, 80 halfpennies, and 97-100 farthings per minute!</p><p><br /></p><p><b>References</b></p><p><br /></p><p>Doty, R. (1998). The Soho Mint and the Industrialisation of Money. London: National Museum of American History Smithsonian Institution.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinsandmedals, post: 4836199, member: 107435"]Excellent post! You summarized a ton of history in a very approachable way, and I love the bit at the end about good ole George needing a coin fix!! :) Odd fact, Boulton technically broke the law when he first started to produce the halfpennies and farthings. The pence and twopence pieces nearly wrecked the first Soho Mint, and in response, Boulton began redesigning the halfpenny and farthing in early May of 1799. Within the same month, it appears that he managed to work out the design issues that plagued the prior contract (e.g., the broad raised rims, plain edges, etc.). According to Doty (1998), Boulton began producing the final product in late May of 1799, but the contract was not granted until almost six months later, on November 4th, 1799. Strictly speaking, this was highly illegal, and I can only imagine the history of the Soho Mint would be different had the Royal Mint officials discovered what Boulton was up to. According to Boulton's records, he noted that in May of 1799, six of the eight presses were devoted to the production of pence, one to halfpennies, and one to farthings. His notes further detail that the presses were able to produce roughly 60 Pence coins, 80 halfpennies, and 97-100 farthings per minute! [B]References[/B] Doty, R. (1998). The Soho Mint and the Industrialisation of Money. London: National Museum of American History Smithsonian Institution.[/QUOTE]
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